Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   

Beef Buzz News


Katelyn McCullock Sees High Hay Prices in the U.S.

Tue, 14 Sep 2021 10:49:46 CDT

Katelyn McCullock Sees High Hay Prices in the U.S. As pasture and range conditions continue to deteriorate, according to the latest Crop Progress Report by the USDA, suggest tight hay supplies ahead. Katelyn McCullock, director and senior economist for the Livestock Marketing Information Center (LMIC), told Ron Hays that hay prices are rising.

Right now, 45% of the continental U.S. is experiencing moderate to exceptional drought conditions, most of which is in the western half of the country. Some of the areas being hit the hardest are known to produce much of the Nation’s Alfalfa Hay crop. While some of the other hay crops are produced east of the Mississippi River, a good amount is also grown in drought-stricken areas of the country. As drought conditions creep eastward, larger areas of the Great Plains, including Oklahoma, are beginning to struggle.

“Nationally, alfalfa prices hit over $200 per ton, which is important because of where we are in the marketing year,” McCullock said. “There is not going to be a substantial amount of hay brought in to decrease the price, from here on out.”

The season-average price of alfalfa is more than $200 per ton, with prices hitting close to that next year, McCullock said. She said low numbers of alfalfa production are partly due to high prices of competing crops, meaning farmers can get more bang for their buck by producing crops other than alfalfa. That means future alfalfa numbers likely will not see a large acreage boost, she added.

“Even if you return to normal yields, we just don’t see that production number providing that much relief next year,” McCullock said.

Other hay varieties are following alfalfa, McCullock said. In July, other hay prices jumped nearly $10 per ton, which McCullock called a huge increase in price. Right now, other hay is more than $150 per ton, which McCullock said was a surprise to her and the rest of the staff at LMIC.

Naturally, hay prices begin to increase as pasture and range begin to fatigue in late summer, McCullock said. She said except for a slump usually seen in Sept., she predicts alfalfa hay and other hay prices will continue to rise in the seasonal sense of things.

“It is going to be a very tough hay-price situation for livestock producers for both the rest of this year and next year,” McCullock said.

She urged producers to watch the availability of hay. She said she is seeing the issue of availability affect regional areas or smaller, due to high gas and diesel prices keeping hay from traveling long distances.

LMIC provides economic analysis and market projections concerning the livestock industry through a unique partnership between state university extension specialists, USDA economists, industry associates and LMIC staff, according to the website. Click or tap here to get more information about LMIC.

Click on the LISTEN BAR below to hear more from Ron Hays and Katelyn McCullock as they talk about the high prices of hay in the U.S.

The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today’s show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.

   


   

right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 

Beef News

  • New Research Explores the Pros and Cons of Cash Cattle Markets in the U.S.  Fri, 24 Sep 2021 10:16:19 CDT
  • New Research Shows Grid Market System Adds $700 Million in Value to U.S. Beef  Thu, 23 Sep 2021 11:19:06 CDT
  • Don Close, VP of Rabo AgriFinance Explains How Beef Won Over the Chinese Consumer  Wed, 22 Sep 2021 10:39:31 CDT
  • OCA's Michael Kelsey: We Need to Take a Pause on Issuing New Medical Marijuana Grower Permits  Tue, 21 Sep 2021 13:19:27 CDT
  • NCBA's Josh White Says Beef Quality Assurance Produces Better Beef  Mon, 20 Sep 2021 10:35:46 CDT
  • Certified Angus Beef Program is a Win for Producers, Processors and Consumers Says John Stika  Fri, 17 Sep 2021 10:48:26 CDT
  • John Stika Believes the Pandemic Shows Consumers Want High Quality Beef  Thu, 16 Sep 2021 08:07:17 CDT
  • Dr. Jody Wade's Advice to Cattle Producers is Stay Ahead of BRD  Wed, 15 Sep 2021 13:14:02 CDT
  • Katelyn McCullock Sees High Hay Prices in the U.S.  Tue, 14 Sep 2021 10:49:50 CDT
  • NCBA's Ethan Lane Believes mCOOL is Old News  Mon, 13 Sep 2021 11:15:37 CDT
  • NCBA's Ethan Lane Heard Little New in White House Briefing on Competition  Fri, 10 Sep 2021 11:45:17 CDT
  • Dan Halstrom Predicts 2021 Will Be a Record Year for U.S. Beef Exports  Thu, 09 Sep 2021 11:15:04 CDT
  • Dietician Shalene McNeill Says Consumers Enthusiastic About Including Beef in Their Diet  Wed, 08 Sep 2021 09:25:33 CDT
  • Shalene McNeill on Why You Should Feed Your Baby Beef  Tue, 07 Sep 2021 12:20:07 CDT
  • Randy Blach Says Sustainability is an Opportunity for Beef Cattle Industry  Mon, 06 Sep 2021 05:00:35 CDT
  • Although Beef Demand is High, Dollars are Slow to Trickle Down to Producers  Fri, 03 Sep 2021 12:25:25 CDT
  • Dr. Harold Newcomb Says Strategic Deworming Helps Your Bottom Line  Thu, 02 Sep 2021 09:33:31 CDT
  • Carbon Markets: The Wild West of Free-Market Enterprise  Wed, 01 Sep 2021 10:38:53 CDT
  • Biden Administration Intent on Dumping Trump Era Navigable Waters Protection Rule  Tue, 31 Aug 2021 16:57:44 CDT
  • NCBA's Scott Yager Says Redefining WOTUS Will Be Repetitive  Mon, 30 Aug 2021 11:18:40 CDT
  • Mark Your Calendars for the Second Annual Cattlemen's Congress  Fri, 27 Aug 2021 11:46:50 CDT
  • More From NCBA's Kent Bacus on Why Beef Exports to China, Japan and Korea Work  Thu, 26 Aug 2021 11:36:51 CDT
  • U.S. Beef is Bustling in the Pacific Rim Says NCBA's Kent Bacus  Wed, 25 Aug 2021 08:32:01 CDT
  • Bruce Hoffman Talks Treating Bovine Respiratory Disease  Tue, 24 Aug 2021 09:29:20 CDT
  • OSU's Derrell Peel Says August Cattle on Feed Report Shows Tighter Cattle Supplies Ahead  Mon, 23 Aug 2021 13:24:14 CDT
  • Randy Blach Believes Better Quality Cattle Brings Great Eating Experience to Consumers  Fri, 20 Aug 2021 09:17:27 CDT
  • Dan Halstrom: There are Concerns Despite High Exports of Beef and Pork  Thu, 19 Aug 2021 10:42:01 CDT
  • U.S. Beef. It's What's for Dinner, Globally  Wed, 18 Aug 2021 10:23:41 CDT
  • NCBA Continues Work With Members and Congress in Improving Market Transparency and Cash Cattle Trade  Tue, 17 Aug 2021 10:29:42 CDT
  • Ethan Lane Says All Eyes are on Transfer Taxes  Mon, 16 Aug 2021 09:34:18 CDT
  • Scott Yager on What New Methane Measurements Mean for the Cattle Industry  Fri, 13 Aug 2021 10:05:46 CDT
  • CattleFax VP Kevin Good Says Cattle Market Leverage is Moving Toward Producers  Thu, 12 Aug 2021 09:20:34 CDT
  • NCBA's Danielle Beck on How the Biden Administration Plans on Funding Their Goals for the U.S.  Wed, 11 Aug 2021 09:53:56 CDT
  • NCBA President Jerry Bohn Talks How the Biden Administration Could Impact Beef Producers  Tue, 10 Aug 2021 11:36:01 CDT
  • Oklahoma National Stockyards President Kelli Payne Talks Resiliency Amid the Coronavirus Pandemic  Mon, 09 Aug 2021 21:39:00 CDT

  •  

    Beef Buzz Archives

    Old Archives  |   2010  |   2011  |   2012  |   2013  |   2014  |   2015  |   2016  |   2017  |   2018  |   2019  |   2020  |   Jan 21  |   Feb 21  |   Mar 21  |   Apr 21  |   May 21  |   Jun 21  |   Jul 21  |   Aug 21  |   Sep 21  |   Oct 21  |   Nov 21  |   Dec 21
       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

       
       

    Search OklahomaFarmReport.com

    © 2008-2021 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.